Geetanjali Trading and Investments Private Limited, part of the promoter group, has disclosed the acquisition of 2,00,000 shares, representing 0.021% of the total voting capital of Asian Paints Limited. This acquisition, executed via Open Market Purchase on August 18, 2026, under an approved trading plan, brings the promoter group’s total holding to 4.786%.
Promoter Group Acquires Additional Shares
Geetanjali Trading and Investments Private Limited, an entity within the promoter group of Asian Paints Limited, has officially submitted a disclosure regarding a change in its shareholding. The company acquired 2,00,000 equity shares of Asian Paints, which translates to 0.021% of the total voting capital of the target company.
Acquisition Details
The transaction took place on August 18, 2026. The acquisition method was an Open Market Purchase, executed through a Trading Plan that was approved on March 19, 2026. This acquisition is in addition to its existing holdings.
Shareholding Post-Acquisition
Before this acquisition, Geetanjali Trading and Investments Private Limited held 4,57,06,140 shares, representing 4.765% of the total voting capital. Following the purchase of 2,00,000 shares, the total holding of shares carrying voting rights now stands at 4,59,06,140. This increases its stake to 4.786% of the total voting capital of Asian Paints Limited. The total diluted share/voting capital of Asian Paints remains 95,91,97,790.
Source: BSE
